Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Builders FirstSource (NYSE:BLDR) and the best and worst performers in the home construction materials industry.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Building materials company Builders FirstSource (NYSE:BLDR) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 6% year on year to $3.66 billion. On the other hand, the company’s full-year revenue guidance of $16.55 billion at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $1.51 per share was 6.4% above analysts’ consensus estimates.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Builders FirstSource has gotten torched over the last six months - since October 2024, its stock price has dropped 41.9% to a new 52-week low of $113.01 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at American Woodmark (NASDAQ:AMWD) and the best and worst performers in the home construction materials industry.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 6.6% over the past six months. This performance was disheartening since the S&P 500 held steady.
